It's Time for Seifert to Depart
From Deutsche Borse

Werner Seifert should leave Deutsche Borse. But the chief executive of the German exchange seems determined to cling to his job. And the longer he fights, the greater the chance the business will suffer.

Mr. Seifert's biggest problem is that he remains associated with a strategy that has been emphatically rejected by his shareholders -- the potential acquisition of the London Stock Exchange. He may have dropped the idea, but it is hard for him to pursue an alternative strategy with any real authority.